Klaus Schwab the Humanist versus Klaus Schwab the Terrorist
by Joaquin Flores
Posted September 12, 2021
The World Economic Forum presents an upside-down world, one where their policy briefs and white papers voicing concerns about poverty are working in harmony with the IMF’s upwards distribution schemes. Reduction of the local power of sovereign states are framed as ‘anti-corruption’ and ‘transparency’. The austere reduction in access to health and human services in developing countries are viewed positively as economic growth indicators, despite the high causal direct relationship between austerity (via structural adjustment) and poverty.
They present the developing world’s compliance with global governance, i.e. stability, as directly related to poverty eradication – when in reality these two vectors are inversely related.
To wit, the more that countries comply with structural adjustment schemes, the more difficult it actually is to overcome poverty. The IMF had until now oriented its work towards geopolitical and geoeconomic monopolarity, with its own Trans-Atlantic hub as the loci of power. More…